Diane Birk
Royal LePage Westside
5970 East Boulevard , Vancouver, British Columbia
P: 604-261-9311
F: 604-261-6648
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Royal LePage Westside
5970 East Boulevard , Vancouver, British Columbia
P: 604-261-9311
F: 604-261-6648
Friday, May 6, 2011 - Vancouver Westside Housing Prices April 2011
The Real Estate Board of Greater Vancouver has just released the latest Housing Price Index for April, 2011:
| Benchmark Price | 3 Month Avg. | 1 Year Change | |
| Detached | $ 1,970,056 | $ 1,911,589 | + 17.6% |
| Townhouse | $ 820,316 | $ 802,815 | + 5.7% |
| Condominium | $ 527,089 | $ 519,516 | + 2.9% |
In spite of increasing prices, the number of detached homes sold in April were 23.3% less than in March, 2011. Townhome sales increased by 5.6% over the previous month, and the number of Condominiums sold dropped by 22.4% from March, 2011. However, it is important to note that the number of new listings coming to the market have also dropped in April, keeping inventory levels tight, and prices stable.
For an accurate evaluation of your property's value in today's market, call Diane Birk at 604-261-9311.
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